Execution of Sender’s Payment Order by Receiving Bank | Midpage

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Code of Alabama

Part 3

Execution of Sender’s Payment Order by Receiving Bank

7-4A-301Execution and Execution Date.7-4A-302Obligations of Receiving Bank in Execution of Payment Order.7-4A-303Erroneous Execution of Payment Order.7-4A-304Duty of Sender to Report Erroneously Executed Payment Order.7-4A-305Liability for Late or Improper Execution or Failure to Execute Payment Order.